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UrbanV and Cluster2 Partner to Develop Advanced Air Mobility Systems in Saudi Arabia
Nov 14, 2024•over 1 year ago
Contract Type
partnership
Saudi ArabiaTransportationTravelDescription
Vertiport operator UrbanV and airport operator Cluster2 have signed a partnership agreement to develop advanced air mobility (AAM) and urban air mobility (UAM) systems in Saudi Arabia. The partnership aims to build an AAM ecosystem within the Cluster2 network of 22 airports in Saudi Arabia and launch pilot programs for eVTOL services.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months